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Boulder firm Xetawave lands contract for 1,600 radios

Company started by FreeWave Technologies co-founder

By Alicia Wallace Camera Business Writer

Posted:
11/15/2012 06:19:31 PM MST

Updated:
11/15/2012 06:19:52 PM MST

Xetawave, a Boulder-based firm that specializes in wireless technologies, announced it landed a contract to supply 1,600 data radios for a high-speed wireless Ethernet network for a "mission critical application."

Citing a confidentiality agreement, Xetawave officials declined to disclose the client's name, but noted the contract -- which is the firm's first -- represents more than $1 million in revenue.

Delivery of the radios, which are being manufactured in Boulder, is expected to begin today, said Jonathan Sawyer, co-founder and chief executive officer of Xetawave. Full deployment of the network is targeted to occur by the third quarter of 2014, he said.

"What this order basically allows us to do ... is build (out) a manufacturing facility," he said, "and we expect that we'll be probably hiring five to 10 employees for our manufacturing operations."

Xetawave has 17 employees and consultants.

Sawyer, who co-founded Boulder-based data radio firm FreeWave Technologies in 1993, said he hopes to leverage that experience for Xetawave.

"The industry is such that there's a lot of word of mouth; I'm a recognized entity out there, so I'm aware of very specific opportunities that are not being met," he said. "In the early days, when we started FreeWave, we grew very fast through word of mouth.

"I would expect that this network we're putting in, that we would have a very high visibility within several industries."

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